Decline in U.S. housing prices continue to sink record.

<P> U.S. 25, the latest data released showed that the nation's metropolitan areas house prices in January decreased by 10.7% over last year, a record decline, while many cities housing vacancy rate rose to a new high in 50 years, analysts forecast that, in February .home sales will fall further. .In addition, U.S. March consumer confidence slipped to five-year low, consumers tighten the purse, the U.S. property market is also a big negative. .All the signs indicate, the U.S. housing crisis has been riddled with things to do, can only continue to sink. .</ P> <P> year in U.S. home prices slid 10.7% </ P> <P> before the United States announced February 7 个月来首次 existing home sales unexpectedly increased, to release the property market a positive signal, but .more data showing that the positive signal is quite weak, the property market when the crisis is far from optimistic. .25 house price index released by Standard 普尔凯斯席勒 (S & P / Case-Shiller) show that in January the United States twenty major metropolitan areas house prices fell by 10.7% over last year, is the index in the year 2000 .calculated in the worst drop since the beginning, the other, in January ten major cities in the price index will be compared with 11.4% a year earlier, the index of the largest decline since the start of 1987. .</ P> <P> in the twenty metropolitan cities, the city fell sixteen records innovation; the deepest declines to Las Vegas and Miami. .Of these, double-digit decline in ten cities, including Washington, San Francisco, San Diego and other places. .Only North Carolina's Charlotte's housing prices have increased slightly by 1.8%. .</ P> <P> standard 普尔凯斯席勒 Price Index Committee Xibulizi that the price decline from last year, it seems, in the first half of the decline in house prices will not be better. .This is consistent with predictions of other analysts, the general expectation is that house prices are far from being in the end, the worst situation is likely to decline four percent. .</ P> <P> property of frequent bad data </ P> <P> prices stumble endlessly, many cities housing vacancy rate since records began in 1956, rose to a new high, indicating a weak market transactions, while the latest .further evidence of the consumer index, and consumer confidence is clearly insufficient. .Council 25, the U.S. economy's consumer confidence index also showed a substantial decline in February, the March consumer confidence fell further; index in February after a revised 76.4%, down to 64.5%, substantially lower than the experts .previously estimated 73. .</ P> <P> consumer confidence index reflects the feelings of the consumer economy, poor consumers may tighten purse index, and further weaken economic growth. .The index since July last year has continued to decline. .One-third of U.S. consumer spending is for investment property market, consumers "tighten their belts", the property market transactions will not improve, the U.S. property market can only continue to slump. .</ P> <P> Accordingly, HSBC Bank economists predicted that the upcoming February home sales will continue to decline to 56 million units, and significantly below market expectations. .Dow Jones Newswires (Dow Jones Newswires) expected by economists surveyed by value, seasonally adjusted, in February new-home sales may fall 2.2% annual rate of 575,000 units; in January to 588,000 .sets. .January home sales data is the third consecutive month decline, but also the lowest level since early 1995. .</ P> <P> economist at HSBC, said the National Association of Home Builders (NAHB) index is still in the doldrums, likely to weaken further near term. .Housing price trend is still downwards, January median home sales prices down 15% from a year earlier. .Sales of new homes fell 34% from a year earlier, Midwest, particularly in southern and western parts of decline. .</ P> <P> U.S. home prices fell more than a year into, resulting in foreclosure rates hit new high, people continued sluggish consumer confidence, investment in the property market has continued to shrink, the property market will continue trading volume .down. .Meanwhile, builders are not optimistic and substantially reduce the number of construction spending and housing starts, in this case, the U.S. housing market riddled with things to do, but to continue to test a low. .</ P>.